Click to learn more about author Jayakumar Rajaretnam. A decade ago, consultants had to create awareness & educate clients about governance; highlight regulatory risks, compliance requirements, penalties, etc. It was more like selling an insurance product. Today, organizations globally understand what Data Governance (DG) is, its benefits, and the risks of not governing data. In fact, […]
Automated Data Catalogs Allow Rethinking of Data Policies
In Data Catalogs we trust. Or at least that should be the case. In a recent global survey on data-driven decision making in business, close to 60 percent of respondents say their companies base at least half of their regular business decisions on gut feel or experience rather than data and information. Respondents cited problems […]
The Data Scientist of the Future: What Will They be Doing?
As data continues to rise in volume and variety, and businesses grow more data-centric, the decision-making power of advanced algorithms is now openly welcome in enterprises of all sizes. Now, the average business user is not affected even if a knowledgeable Data Scientist is not around. Today, technology innovations are increasingly empowering the ordinary staff […]
How Can the Chief Data Officer Facilitate Data Literacy and Data Democracy?
“Data Literacy: It’s all about how to get people in an organization engaged so that they can make decisions and take actions that can collectively drive better decision-making,” said Harald Smith, Director of Product Management at Syncsort. Smith is a strong proponent of Data Democracy. “Data Democratization” is the idea that digital information should be […]
Infographic: 2018 Global State of Enterprise Analytics
A new press release reports, “MicroStrategy® Incorporated, a leading worldwide provider of enterprise analytics and mobility software, today released the results of its ‘2018 Global State of Enterprise Analytics’ report. MicroStrategy surveyed 500 enterprise analytics and business intelligence professionals from around the world on the state of their organizations’ analytics initiatives. 90% of respondents reported […]
Design Thinking to Put a Governance Model that Doesn’t Fail
Click to learn more about author Tejasvi Addagada. Fully understand the problem – The generalized challenges that Chief Data Office (CDO) face today, are a good starting point to understand the deeper problem. If an existing Governance Model does not seem to work, it is better to start understanding the core beliefs and values in the […]
Three Signs You’re Suffering from Data Mismanagement, and How to Fix it
Click here to learn more about author Jon Pilkington. We have more data at our fingertips than entire generations before us. But due to data mismanagement issues, for many companies that doesn’t mean very much. According to the recent survey “Reducing Inefficiency and Increasing the Value of Analytics and Business Intelligence,” only 11 percent of participants […]
A Guide to Data Warehouse Automation for Today’s CDOs
Click to learn more about author Neil Barton. The four “Vs” of data are well known – volume, velocity, variety and veracity. However, Data Warehousing infrastructure in many organizations is no longer equipped to handle these. The fifth elusive “V” – value – is even more evasive. Meeting these challenges at the scale of data […]
The Strategic Chief Data Officer: Leveraging Data for Customer Value
AT&T is inundated with data. Steve Stine, Chief Data Officer (CDO) at AT&T says that over 186 petabytes of data traverse AT&T’s network every day, and with operational data and customer data, “there’s a lot of opportunity to enhance more of what [AT&T is] doing” for the customer. Yet, with such an immense flood of […]
Data Strategy Trends in 2018
As the calendar page has turned to 2018, a sound Data Strategy remains a goal for many companies, but still somewhat elusive. “2017 underscored just how fundamental, and fundamentally difficult, the changes needed to manage data assets/become data-driven really are,” says Thomas C. Redman, president of Data Quality Solutions. The fact that only 3% of […]